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271 7th Street E, Owen Sound, ON N4K 1H8

Owen Sound, ON

$549,000
MLS® #: X13127142
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Description

Exceptional Investment Opportunity: Versatile Duplex in the River District. Maximize your real estate portfolio with this strategically located Duplex, offering an ideal setup for a "house-hacking" owner-occupant or a seasoned investor. The main house features a spacious, functional layout with five bedrooms, 2 bathroom, 2 Laundry rooms, 2 kitchens & 2 living rooms. The separate entrance and layout provide the potential for converting the home into two separate units, providing three units of possible rental income. The home offers an abundant of natural light, and large bedrooms, making it a perfect primary residence while the additional rear unit contributes directly to your mortgage. The back apartment, accessible through the fenced in yard, offers main floor living. This is a 1-bedroom unit, with a bathroom, kitchen, living area & laundry facilities. This property is located steps away from the vibrant Downtown River District. Enjoy immediate access to local boutiques, cafes, and the farmers' market. With its proximity to Georgian College and major transit routes, this location ensures a consistent draw for quality tenants. All room sizes are approximate. Experience the benefits of multi-unit ownership in one of Grey County's most stable rental markets. This home has been well maintained, and is move in ready!

Quick Details

Beds6
Baths3
TypeResidential Freehold
Sq Ft0
Parking Spaces4
Taxes$4,602
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Comprehensive Property Details

Assessment Year 2025
Bedrooms Above Grade 6
Central Vacuum Y N No
City Region Owen Sound
Contract Status Available
Country CA
County Or Parish Grey County
Covered Spaces 0
Cross Street 2nd ave east & 7th Street East
D D F Y N Yes
Den Familyroom Y N No
Direction Faces South
Directions From 10th Street east, turn south on 2nd Ave East. Just past the main shops downtown, turn left onto 7th St East. You will see the property only a few doors down, on your right hand side
Ensuite Laundry Y N No
Expiration Date 2026-08-14
Fireplace Y N No
Garage Type None
Garage Y N No
Heat Source Gas
Heat Type Forced Air
Internet Address Display Y N Yes
Internet Entire Listing Display Y N Yes
Kitchens Above Grade 3
Kitchens Total 3
List A O R One Point Association of REALTORS
List Office Name Royal LePage RCR Realty
Living Area Range 3000-3500
Lot Depth 104
Lot Size Area Units SquareFeet
Lot Size Source MPAC
Lot Size Units Feet
Lot Width 63
Mls Status Price Change
Occupant Type Owner+Tenant
Parcel Number 370680146
Parking Spaces 4
Possession Details See Realtor remarks
Possession Type Flexible
Postal Code N4K 1H8
Property Sub Type Duplex
Roll Number 425903002003300
Rooms Above Grade 15
Sign On Property Y N Yes
Standard Status Active
State Or Province ON
Street Dir Suffix E
Street Name 7th
Street Number 271
Street Suffix Street
Survey Type None
Tax Legal Description PT LT 19 W/S SCROPE ST PL OWEN SOUND AS IN R468596; OWEN SOUND
Tax Year 2026
Transaction Type For Sale
Vendor Property Info Statement No
Washrooms Type1 1
Washrooms Type1 Pcs 3
Washrooms Type2 2
Washrooms Type2 Pcs 4
Waterfront Y N No